art collection cultural relics investment Fund works: Private
art collection cultural relics an operation of the fund is "private", that is, Dong Yi Wang Kai and they are functioning art collection cultural relics private equity funds.
"When we see a work, the first committee of experts will discuss risk management, these experts are external, and from all art collection cultural relics areas, by their purchase value to determine whether to take 'vote veto system', as long as there is one expert that the works may be false, then do not discuss. "
Dong Yi introduction, if adopted by the Commission in risk control, the fund manager to form a full report, including the collection of prices, market forecasts, etc., to the Investment Committee, Investment Committee members to more than one-third of the external, they are also related Art experts, this session, members of more than two thirds, can determine the final purchase.
"Our funds are managed on the banks, investment banks will report through our play money to the artists, then our back office is responsible for handling, storage, exhibition, publicity and so on."
Dong Yi believes that doing art collection cultural relics biggest difficulty is not released funds, but in the promotion of artists and their works. "A fund should have bargaining power, we usually from the hands of the artist or the collector work with a cheap buy, they are willing to sell to us because we are able to appreciate his work."
